This past September, Lindsay Graham called for a carbon tax.1 The Senator from South Carolina has discussed climate change openly, but has shifted his focus for the solution towards a carbon tax. A carbon tax is one of two currently proposed forms of carbon pricing, the other being cap-and-trade. The two are market-driven solutions which…
Tag: Green Energy
Carbon Pricing: Current State
In a world coming to a consensus on climate change, there exists a multitude of methods which governments can utilize to influence greenhouse emissions. The current global focus is on carbon pricing. Carbon pricing is an increase to the cost of carbon dioxide emissions.1 I would argue that carbon pricing is superior to other energy…